Mankind Pharma to absorb Bharat Serums’ business through voluntary liquidation

Mankind Pharma will take over the entire business of Bharat Serums and Vaccines Limited (BSVL) through a voluntary liquidation of the subsidiary rather than a court-sanctioned scheme of arrangement, disclosures reviewed by insolvencytracker.in show — an integration route that sidesteps the NCLT approval process that ordinarily governs group mergers. BSVL, which Mankind acquired for Rs…

Tighter safeguards for personal guarantors in insolvency cases

The Insolvency and Bankruptcy Board of India (IBBI) has proposed tighter safeguards in the insolvency resolution process for personal guarantors to corporate debtors, including barring related parties from voting on repayment plans, mandatory valuation of guarantors’ assets and scrutiny of transactions that could have reduced recoveries for creditors. The proposals are aimed at bringing the…

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Sendle reborn after logistics company buys brand from liquidators

The Sendle brand will return under new ownership, seven months after the delivery service’s sudden collapse left small business customers scrambling for alternatives. Andrew McKenna, managing director of logistics business McKenna Worldwide Services and general manager, ANZ for Quantium Solutions, has acquired the Sendle brand, trademarks, and domain name. The deal’s value was not disclosed. The…

S’pore bakery Baker’s Brew rebranded as BB Atelier & goes into liquidation, says 95% of customers refunded – Mothership.SG

News BB Atelier ceased operations on Jun. 1. September 13, 2026, 11:39 AM Home-grown bakery Baker’s Brew Studio, which rebranded as BB Atelier in late 2025, has gone into liquidation. According to its online entity profile, the company is undergoing liquidation as part of a creditors’ voluntary winding-up process. The company was…

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IBBI wants debt resolution professionals to guard against IBC abuse | Banking

  On July 3, the committee disqualified an insolvency professional for orchestrating a systemic misuse of the insolvency process across 10 interconnected corporate entities.   Against this backdrop, the regulator’s September 9 circular urging “due diligence by Insolvency Professionals regarding misuse of IBC framework” was a long time coming.   Citing instances such as attempts…

German corporate insolvencies hit 13-year high

BERLIN: The number of corporate insolvencies in Germany rose to a 13-year high in the first half of 2026 despite signs of a nascent recovery in Europe’s largest economy, figures from the federal statistics office showed on Friday. Local courts reported 12,812 corporate insolvency filings from January to June, an increase of 6.7percent year-on-year, with…